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What we expect

Pay Fair Tax

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What we expect

For organisations with 51+ employees:

  • Do you commit to pay your taxes where applicable and not engage in tax avoidance?
  • We define tax avoidance as a deliberate attempt to get out of an obligation to pay tax by entering into a set of artificial arrangements which have little or no commercial purpose other than the reduction of a tax bill. For the avoidance of doubt, this does not include the use of tax reliefs or allowances that governments make available to companies, as long as the relief is claimed in a way which aligns with government policy intention.
  • Do you provide information on your website or in your company accounts about your company’s approach to paying corporation tax?
  • Do you commit to be transparent in your relationship with HMRC, providing all relevant information and to cooperate in resolving any disputes?
  • Do you agree to provide appropriate excerpts from your company’s accounts to verify this information if required?

For organisations with less than 50 employees (streamlined version):

  • Do you commit to pay your taxes where applicable, only use tax allowances for the purpose intended, and be transparent in your relationship with HMRC, providing all relevant information and to cooperate in resolving any disputes?

Evidence base – why is the Fair Tax component needed?

Businesses need to be transparent on taxes as public disquiet reaches record high | Institute of Business Ethics | IBE
Research from IBE published 04 July 2022 found that three-quarters of respondents would rather shop with (74%) or work for (75%) businesses that can prove that they are paying their fair share of tax.

Fair Tax Foundation 2022 graphic

Image source: Fair Tax Foundation

Earlier this year, research from IBE (Institute of Business Ethics) found that corporate tax avoidance was voted the most important ethical issue by the UK public for the ninth year running. In addition to this, three-quarters of respondents would rather shop with (74%) or work for (75%) businesses that can prove that they are paying their fair share of tax. 

GBC Partner, Fair Tax Mark talks to Lush co-founder and CEO, Mark Constantine

To see resources on how to commit to our components, see our Resource Library here:

Our 10 components

Find out more about the ideals that make up the cornerstone of the Good Business Charter.
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Good Business Charter

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